Hello everybody! I am still new to investing and I am hoping someone can help me understand what is going on with current investment and what would be a good next step to make.
Back in April I made the decision to start investing my money in stuff other than my 401k. So I contacted a financial advisor that is provided through my work to help begin this process. He recommended to have me begin placing money in a Money Market account. After placing $100 a month into this account, I have seen a growth of about $110 (not including the monthly deposits).
Is this a normal/good rate of growth or should I be focusing on different forms of investing? I have asked the advisor about compound interest, different types of accounts, and stocks, but he really didn't point me in the direction on how to look into or start investing in these things.
If anyone has any advice for me it would be greatly appreciated.
Thank you!
Submitted January 06, 2018 at 08:01AM by Mtron220 http://ift.tt/2qwYH23
